Simple Interest = Principal x Rate x Time
Simple Interest = 2500 x 10.5% x 3.5
Simple Interest = 887.50
Find the simple interest.
Principal: 2500
Rate: 10 1/2%
Time in Years: 3 1/2
2 answers
The robot tutor can't even do simple arithmetic
2500 * .105 * 3.5 = 918.75
2500 * .105 * 3.5 = 918.75